Britain and India signed a landmark free trade agreement on Thursday during a visit to the UK by Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses.

The market access under the pact is limited to a few central government entities with higher thresholds around Rs 250 crore across goods, services and construction services.

Indian exports are set to benefit from duty elimination on about 99 percent of the tariff lines, covering almost 100 percent of the trade value, especially aiding labour-intensive shipments of textiles,

Based on the key features of the DCC highlighted in the side letters, let's examine the implications for Indian employees assigned to work in the UK.

Though the move is expected to benefit manufacturers targeting the world’s largest alcohol market, its impact reportedly will be minimal since alcohol is a state subject and key revenue source, leavin

Speaking in New Delhi, Goyal stressed that the deal would unlock “immense opportunities” for India’s farmers, fishermen, young professionals, MSMEs, and the business community.

The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to significantly boost India's seafood exports by eliminating UK import tariffs,